Cboe Options on SLV - iShares Silver Trust (SLV) www.cboe.com/SLV

SLV

Cboe Options on SLV - iShares Silver Trust

Here are some key features of options on exchange-traded funds (ETFs) offered at Cboe Options Exchange® (Cboe®):

Cboe ETF options are SEC-regulated securities that are cleared by the Options Clearing Corporation, which has received a triple-A credit rating from Standard & Poor's.

Cboe ETF options are offered on the Cboe Hybrid system , a composite of the most valuable aspects of screen-based and floor-based trading environments.

Cboe ETF options are flexible investment tools that allow investors to manage risk, hedge their portfolios and add income. Please visit www.cboe.com/LearnCenter/ to learn more about how Cboe options can help you manage your investment portfolio.

Links to More Information

MSCI, EAFE, iShares, BGI and the MSCI index names are service marks of Morgan Stanley Capital International Inc. ("MSCI"), its licensors or their affiliates (the "MSCI Parties") and have been licensed for use by the Cboe Options Exchange. Option contracts on any exchange-traded fund based on an MSCI index are not sponsored, guaranteed or endorsed by MSCI, the issuer of such fund or their affiliates. None of the MSCI Parties makes any representations regarding the advisability of investing in such option contracts. None of the MSCI Parties makes any warranty, express or implied, or bears any liability as to the results to be obtained by any person or any entity from any option contract. No purchaser, seller or holder of this security, or any other person or entity, should use or refer to any trade name, trademark or service mark relating thereto to sponsor, endorse, market or promote any other security without first contacting MSCI to determine whether MSCI's permission is required. For complete information about iShares, request a prospectus by calling 1-800-iSHARES (1-800-474-2737). iShares are distributed by SEI Investments Distribution Co. Barclays Global Fund Advisors serves as an advisor to iShares and is a subsidiary of Barclays Global Investors, N.A., (BGI) neither of which is affiliated with SEI. iSharesï¿½ is a registered trademark of Barclays Global Investors, N.A. iShares are not FDIC insured, have no bank guarantee, and may lose value.

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Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options (ODD). Copies of the ODD are available from your broker or from The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606. The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-Cboe advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions.